Pursuant to regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform you that the Company has lend a sum of Rs. 13,00,00,000(Rupees ....
Awaiting price reaction for this filing.
GB Global Ltd has disclosed under SEBI Regulation 30 that it has lent Rs. 13 crore to Tangent Profin Private Limited. The company clarified that the promoters and promoter group have no interest in Tangent Profin and the transaction was carried out at arm's length basis. The disclosure was signed by Chairman & Managing Director Vijay Thakkar on March 23, 2026. No further details on the purpose, tenure, or interest rate of the loan were provided in the filing.
This is a routine corporate disclosure of an inter-corporate loan, but deploying Rs. 13 crore outside core operations could raise questions on capital allocation. Shareholders should watch for any further details on loan terms, interest, and purpose in upcoming filings.